Energy Efficiency

Energy Efficiency

Performance

As electricity usage accounts for 70% of TD’s total
greenhouse gas emissions, our energy conservation programs focus on
reducing electricity consumption in our buildings and by our IT
systems. Part of the challenge of improving energy efficiency is
encouraging employees to adopt more efficient behaviours. Learn
more about TD’s
Green Teams.

Building Operations

Saving energy makes sense. For every dollar spent on energy
conservation, we save about two dollars. Our energy conservation
program (2008-2012) continues to improve energy efficiency through
direct means, such as updating lighting, heating and cooling
systems. Learn more about how our
new buildings are being designed to use 20% less energy than
our existing buildings.

We are also learning how to use less energy by occupying less
space. This year, we launched a pilot that provides employees with
more choice about work location. We aim to reduce office space
demand through shared workspace and “work at
home” options.

Green Information Technology (IT)

Our IT systems and infrastructure account for about 15% of our
electricity use. This year, we began developing a green IT strategy
that will focus on managing energy demand while minimizing
environmental impacts.

A new voice, video and data communications network to support
agile work options.

Fleet

We are working to reduce the impact of our business fleet
by:

Continuing to provide incentives for fuel efficient and hybrid
vehicles;

Reducing the number of cars per employee;

Encouraging the use of teleconferencing and video conferencing;
and

Improving the tracking of fleet usage

We recognize there is much work to do in this area, especially
as we increase the number of mobile banking specialists who use
corporate vehicles to visit customers in their homes.

Trends in our Canadian operations performance data demonstrate
the positive impact of TD’s energy efficiency
initiatives, which have been ongoing since 2007. Energy usage grew
by only 2.7% between 2006 and 2009, while the number of employees
grew by 30%.

Full-scale energy reduction initiatives began in the U.S.
operations in 2009 and significant reductions in energy usage are
expected over the next 2-3 years.